Tuesday, May 13, 2008

Muddog American Inflation Data

Doing research of current (year 2000+) inflation data, is getting easier as we move along in the information age. The amount and quality of statistics available today are generally a mouse click away.

I found this outstanding report on Current Inflation, The Inflation Rates From January 2000 to the present.

"Our Inflation data (see table below) is calculated to two decimal places while the government only calculates to one decimal place. Therefore, while being based on the government's index our data provides a "finer" view. January and February 2005 is a perfect example, according to the government statistics both months had an inflation rate of 3%. In January however, our data shows it as 2.97% and February shows as 3.01%. Therefore instead of the inflation rate being "flat" it is actually rising slightly. In another example we see August 2003 and September with the Government saying the rates were 2.2% and 2.3% respectively. This would lead us to believe that inflation rose .1% during that period. In actuality however, it rose from 2.16% to 2.32% or a .16% increase, substantially more than .1%!"

READ MORE: http://www.inflationdata.com/inflation/inflation_rate/CurrentInflation.asp

Muddog American aka Wallace Haile Google Me

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